Pinnacle Entertainment, Inc. (NYSE:PNK) has gained 1.12% or $.14 a share to settle at $12.65 with a volume of 466,000 shares traded. For the past two weeks the stock has been trading between $8.40 and $15.57 with an average volume of 740,000 shares. Company has a market cap of $777 million and a beta of 1.56.
Pinnacle Entertainment, Inc. (Pinnacle) is an owner, operator and developer of casinos and related hospitality and entertainment facilities. The Company operates seven domestic casinos, including L'Auberge du Lac in Lake Charles, Louisiana; Lumiere Place; Boomtown New Orleans; Belterra Casino Resort; Boomtown Bossier City; Boomtown Reno and Casino Magic Argentina.
The Blackstone Group (NYSE:BX) has gained 1.42% or $.25 a share to settle at $17.90 with a volume of 3.15 million shares. Company has been trading for the past 52 weeks between $8.93 and $18.54 with a average volume of 1.9 million shares. Company has a market cap of $22.19 billion and a beta of 2.34.
The Blackstone Group L.P. (Blackstone) is a manager of private capital and provider of financial advisory services. The Company is an independent manager of private capital with assets under management of $98.2 billion, as of December 31, 2009. Blackstone provides a range of financial advisory services, including corporate and mergers and acquisitions, restructuring and reorganization and fund placement services.
Virgin Media Inc. (NASDAQ:VMED) has gained 0.07% or two cents a share to settle at $20.01 with a volume of 2.66 million shares. For the past 52 weeks the stock has been trading between $14.65 and $28.52 with an average volume of 4.07 million shares. Company has a market cap of $9.02 billion and a beta of 1.75.
Sprint (NYSE:S) has lost 0.64% or three cents a share to settle at $4.67 with a volume of 42.5 million shares. For the past 52 weeks the stock has been trading between $3.42 and $5.31 with an average volume of 56 million shares. Company has a market cap of $14 billion and a beta of 1.14.
Sprint Nextel Corporation (Sprint) is a holding company that offers a range of wireless and wireline communications products and services for individual consumers, businesses, government subscribers and resellers. The Company operates in two business segments: Wireless and Wireline.
Lpath, Inc. (OTCBB:LPTN) has lost 1.6% or two cents a share to settle at $1.23 with a volume of 33,000 shares. Company has been trading between $.40 a share and $1.55 a share in the last 52 weeks with a current market cap of $65 million.
Lpath, Inc. is a biotechnology company focused on the discovery and development of lipidomic-based therapeutics, an emerging field of medical science whereby bioactive lipids are targeted to treat human diseases. The Company's product candidate, ASONEP, is the systemic formulation of sonepcizumab, a humanized monoclonal antibody (mAb) against sphingosine-1-phosphate (S1P). Sphingomab is the original mouse version of this monoclonal antibody.
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Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
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